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Energy News

Energy news continually updated from thousands of sources around the net.

3 hrs ago | WTOK

Denver Company Buys Mississippi, Alabama Pipelines

Enbridge Energy Partners LP has closed on the sale of 12 natural gas pipeline assets to American Midstream Partners LP for $151 million.

Comment?

Related Topix: Enbridge Energy Partners LP, Oil & Gas

7 hrs ago | KAAL-TV Austin

Edison International 3rd-quarter profit falls

ROSEMEAD, Calif. - California utility operator Edison International said Friday its third-quarter profit fell on lower earnings at its Edison Mission Group.

Comment?

Related Topix: Edison International, Rosemead, CA

11 hrs ago | R & D

Power company AES sells 15 per cent stake to China;...

Global power company AES Corp. said Friday it is selling a 15 per cent stake in itself to China's investment arm for $1.58 billion in a move to raise cash to develop projects around the world.

Comment?

Related Topix: AES, Arlington, VA

15 hrs ago | The York Daily Record

NRC extends 2 western Pa. nuke licenses 20 years

The Nuclear Regulatory Commission has extended the operating license for two nuclear reactors in western Pennsylvania by 20 years each.

Comment?

Related Topix: Nuclear Energy, FirstEnergy, Shippingport, PA, Pittsburgh Metro

Fri Nov 06, 2009

Los Angeles Times

Shell Oil paying millions for tank violations

Shell Oil Co. will pay $19.5 million in civil penalties and fees to settle a state complaint involving hundreds of environmental violations at its California gas stations.

Comment?

Related Topix: Oil & Gas, Contra Costa County, CA, Alameda County, CA

KTVI - Fox2Now.com

Ameren Announces Layoffs, Early Retirements To Cut Costs

Louis-based utility company Ameren Corp. is cutting about 300 jobs -- or about 3 percent of the company's 9,700 total work force.

Comment?

Related Topix: Ameren

Mochila

Iraq signs oil deal with Exxon Mobil

Iraq signs a deal with Exxon Mobil executives in Baghdad to bag initial rights for development of the country's West Qurna field.

Comment?

Related Topix: Exxon Mobil, Oil & Gas, Iraq, World News, Video

www.kua.com | cgent

Easy as pie! Taste of Osceola nets $1,186 for energy fund

Raising money to help families unable to pay their electric bills is as easy as pie -- pumpkin pie, that is!

A total of $593 was raised Thursday evening at Taste of Osceola, an annual food-tasting event hosted by the Kissimmee/Osceola County Chamber of Commerce.

Comment?

Related Topix: Kissimmee, FL

CKNW News Talk 980

Commodity stocks lead TSX lower, U.S. jobless claims data boosts N.Y. stocks

The Toronto stock market was little changed early Thursday morning as commodity stocks retreated amid some positive U.S. employment data that came a day before the release of the government's unemployment report.

Comment?

Related Topix: Financial Markets, Canadian Natural Resources, Oil & Gas, Telecom, Computers, Cisco Systems, Sun Life Financial, Insurance

Slam Sports

Suncor Energy reports third quarter net earnings of $929 million

Suncor Energy Inc. is reporting third quarter net earnings of $929 million, or 74 cents per common share, in its first quarterly earnings report since merging with Petro-Canada. That compares to net earnings of $815 million, or 87 cents per common share, in the year-ago period.

Comment?

Related Topix: Suncor Energy, Oil & Gas, PetroCanada, Winter Sports, Curling

WTVR Richmond

Va. Supreme Court upholds power line

The Virginia Supreme Court has upheld permits for construction of the Virginia portion of a multistate power line.

Comment?

Related Topix: Virginia, Virginia Government, Allegheny Energy

Thu Nov 05, 2009

The Victoria Star

Canadian Natural Resources profit drops in third quarter, revenues decline

Net income at Canadian Natural Resources Limited tumbled from year-ago levels in the third quarter as the company felt the impact of a harsh natural-gas market and high production costs.

Comment?

Related Topix: Canadian Natural Resources, Oil & Gas

The Daily News Journal

Ethics committee clears Shuler in land deal probe

The House Ethics Committee cleared Rep. Heath Shuler, D-Waynesville, Thursday of any wrongdoing for his role in a land deal involving the Tennessee Valley Authority.

Comment?

Related Topix: US Politics, US News, US House of Representatives, Zoe Lofgren, Democrat

KOMO-TV Seattle

Exxon-Shell consortium wins rights to prized Iraqi oil field

A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector.

Comment?

Related Topix: Exxon Mobil, Oil & Gas, Iraq, World News, Middle East, OPEC (Organization of the Petroleum Exporting Countries)

KTEN-TV Denison

Pa. officials fine drilling firm for tainted wells

State regulators are fining a Houston-based company because its natural-gas drilling operations polluted residents' water wells in northeastern Pennsylvania.

Comment?

Related Topix: Cabot Oil and Gas, Oil & Gas, Susquehanna County, PA

CBC News

China's Sinopec announces deal with Exxon to buy Papua New Guinea natural gas

State-owned Sinopec Corp. said Thursday it has reached a preliminary agreement with Exxon Mobil Corp.

Comment?

Related Topix: Papua New Guinea, Oceania, World News, Exxon Mobil, Oil & Gas, China, Asia, Irving, TX, Business News

Wed Nov 04, 2009

Seattle Post-Intelligencer

NC regulators will not revoke Duke Energy permit

North Carolina regulators have denied a request by environmental groups to revoke Duke Energy Corp.'s permit for coal-fired generators at its new power plant in the western part of the state.

Comment?

Related Topix: North Carolina, Duke Energy

Cw56.com

Northeast learns lessons from '08 ice storm

One of the huge pine trees that surrounded Sieglinde Poegel's home of 42 years crashed through the roof and landed in her living room during the ice storm that crippled much of the Northeast last December.

Comment?

Related Topix: Jaffrey, NH

ABC News - Brian Ross

Alabama Gas Cutting Rates for 4th Time in a Year

With winter approaching, customers of Alabama Gas Corp. are going to pay lower rates for heating their homes, the fourth cutback in the past 12 months.

Comment?

Related Topix: Alabama

Canadian Business Magazine

Enbridge boosts 2009 outlook, expects growth 'well into next decade'

The Canadian Press/ Handout photo CALGARY - As Enbridge Inc. glides through what it anticipates will be "the strongest growth year in the company's history," the pipeline and gas distribution firm has increased its 2009 guidance and is exuding confidence it can maintain steady growth into the next decade.

Comment?

Related Topix: Enbridge, Oil & Gas, Enbridge Energy Partners LP

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